Prime Minister Anthony Albanese says Australia has a once-in-a-lifetime chance to become a renewable energy superpower | micksfoley NickToscano1
Prime Minister Anthony Albanese says Australia has a once-in-a-lifetime chance to become a renewable energy superpower by transforming the country’s old coal-dominated electricity grid, helping its regional allies to shift to net zero emissions and tapping booming green investments.
The forum is part of the Quad partnership between Japan, US, India and Australia where Albanese will meet with top officials from these nations as well as from Indonesia, which is a special inclusion as a regional partner. Albanese will say Australia can grow new industries along with global energy security by developing and exporting its abundant reserves of rare earths, aluminium,“Australia has the workers, the resources and the capacity to become a renewable energy superpower,” he will say.
The fallout from Russia’s invasion of Ukraine was deepening a global energy crisis and piling enormous pressure on Australia’s east-coast power network, where authorities remain on high alert over blackout risks and spiking prices.
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